DUBAI, 26th January, 2023 (WAM) — Dubai South announced the signing of an agreement with Bright Capital Investment, a school operator and investment company seeking to create one of the largest educational platforms in the UAE, to lease and operate a premium-quality, affordable British School in the thriving Dubai South Residential District, alongside Expo Road...
Walmart is preparing to spend over $2.5 billion in India as the retailer doubles down on the opportunities it sees in India’s e-commerce and payments markets even as the firm contends with rising costs amid the market downturns. Walmart spent about $780 million earlier this month to the Indian tax authorities after PhonePe, in which...
Share Tweet Share Whatsapp Email In a diversification and growth push, UAE-headquartered Investment Holding Company Yas Holding has announced the launch of a new real estate division named Taraf, to bring a new standard of luxury, high-quality and uniquely crafted properties to residents and investors, in the UAE and beyond. As a luxury and boutique...
Share Tweet Share Whatsapp Email Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, announced the signing of an agreement with Bright Capital Investment, a school operator and investment company seeking to create one of the largest educational platforms in the UAE, to lease and operate a premium-quality, affordable British...
RIYADH — Mayor of the Riyadh Region, Chairman of the Board of Directors of Remat Al-Riyadh Development Company Prince Faisal Bin Abdulaziz Bin Ayyaf, announced on Wednesday that Remat Al-Riyadh Development Source: Saudi Gazette
The Gigafactory. | Image: Tesla Tesla is investing more than $3.6 billion into its Reno, Nevada Gigafactory, and with part of the cash, it plans to build its “first high-volume Semi factory,” according to a blog post published Tuesday. The company officially delivered the first of its long-delayed electric Semi trucks to PepsiCo in December,...
SHARJAH, 24th January, 2023 (WAM) — The highly-anticipated 6th edition of the Sharjah Investment Forum (SIF), organised by the Sharjah FDI Office (Invest in Sharjah), is set to take place on 8-9 February 2023 at the Jawaher Reception and Convention Centre in Sharjah. The annual event brings together a distinguished list of local and international...
ABU DHABI, 24th January, 2023 (WAM) — The UAE’s EDGE group has announced a strategic investment in High Lander, the company behind Universal UTM, a drone-agnostic unmanned traffic management solution which provides the automation, coordination, and safety much needed in increasingly crowded skies. The US$14 million investment creates a ground-breaking partnership and is already forging...
Image: Microsoft Microsoft says it’s extending its long-term partnership with OpenAI through a new “multiyear, multibillion dollar investment.” The investment comes just weeks after Microsoft was rumored to be investing $10 billion into OpenAI, the creators of popular AI tools like ChatGPT and DALL-E 2. “We formed our partnership with OpenAI around a shared ambition...
Share Tweet Share Whatsapp Email Saudi Arabia’s bid for Expo 2030 is not a one-off investment, explained the head of the Royal Commission for Riyadh City, HE Fahd Al-Rasheed, it would rather be one “in the future of our citizens, resident and visitors.” “We’re thinking about the legacy of the site itself and how...